Jonathan Lemco, Ph.D.

Jonathan Lemco, Ph.D., is a principal and senior investment strategist in the Investment Strategy Group. He is the managing editor of the Megatrends project and the former editor of the Global Macro Matters series.

Prior to joining Vanguard in 2000, Dr. Lemco was head of the sovereign research effort at Credit Suisse in New York.  He served for five years as director of the National Policy Association, and was a professor at The Johns Hopkins University School of Advanced International Studies for four years, teaching courses in sovereign risk, public policy, and North American economic and political issues.

Dr. Lemco has written or edited 11 books and many articles on sovereign risk, comparative public policy, and international economics. He earned a B.A. at Clark University and an M.A. and Ph.D. in political science at the University of Rochester.

Recent posts

Visit institutional.vanguard.com to obtain a prospectus or, if available, a summary prospectus, which contains investment objectives, risks, charges, expenses, and other information; read and consider it carefully before investing.

Investments in bond funds are subject to interest rate, credit, and inflation risk.

Diversification does not ensure a profit or protect against a loss.

Foreign investing involves additional risks including currency fluctuations and political uncertainty.

Stocks of companies in emerging markets are generally more risky than stocks of companies in developed countries.

All investing is subject to risk, including the possible loss of the money you invest.

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